The Fed is good at literal printing, exercising its monopoly of currency issuance granted by the government. It has outstanding $2.3 trillion in pure paper money circulating around the world, of which perhaps 45 percent, or more than $1 trillion, is held abroad. All the currency represents zero-interest-rate financing of the Fed and the US government. With interest rates currently at 5 percent, this means a potential profit of $115 billion a year for them by the Fed’s having issued the currency.
The Fed is also good at metaphorical printing, which is simply entering credits on the deposit accounts of banks in its own books. The Fed thereby creates money which it can use to buy the debt securities of the Treasury, or, in other words, to lend the printed money to the government. The Fed now has $4.1 trillion in deposits.
The purpose of all of the printing is to support government spending. A lot of the spending that governments do is related to making war. Currently the power of the government printing presses is being used at full bore, full speed to print as much money as possible. As noted in a lot of other places, the money being printed means buying power of the money in your possession is going to zero because you are at the bottom of the feeding chain. THEY do not want you to know that so THEY can blame it on those ”greedy corporations” not noting that they are a greedy corporation THEMSELVES.